Tag Archives: ship

Royal Caribbean Announces Spectrum’s 2026-27 Hong Kong Season

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Royal Caribbean Announces Spectrum’s 2026-27 Hong Kong Season

Royal Caribbean International announced the Spectrum of the Seas’ 2026-27 Hong Kong homeport season, featuring new itineraries including a long-awaited combined Japan and South Korea route.

The upcoming season offers expanded scheduling with more flexibility and choice for vacationers.

The lineup includes exclusive, one-time-only itineraries designed to meet growing demand for diverse cruise vacations from Hong Kong, the company said in a statement.

Highlights of the 2026-27 season include a nine-night Japan and South Korea Thanksgiving and Autumn Foliage itinerary, marking the return of a combined route not offered from Hong Kong for years.

Guests will explore the cultures and landscapes of both nations, with calls at Tokyo, Osaka and Busan.

New this season are eight-night one-way voyages.

Guests can sail from Hong Kong to Tokyo along Japanese and South Korean destinations, or embark in Tokyo to explore Japan and Taiwan before disembarking in Hong Kong.

Two eight-night sailings can be combined to create one seamless vacation.

The season also features the classic five-night Okinawa and Ishigaki itinerary into Ryukyu culture, festive Christmas and New Year sailings, and a five-night Okinawa and Taipei route combining tropical island charm with city energy.

The four-night Vietnam Warm Winter Getaway is available one time only this season.

The just-concluded 2025-26 Hong Kong season achieved over 32 percent of guests on destination sailings originating from international markets, including North America, Europe and Australia.

Jefferies Raises Viking Price Target, Keeps Hold on Norwegian

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Jefferies Raises Viking Price Target, Keeps Hold on Norwegian

Viking Vela, photo credit Spacejunkie2 – https://flic.kr/ps/GkiQt

Jefferies analyst David Katz updated his outlook on two major cruise operators this week following their fourth quarter and year end 2025 earnings, lifting his price target on Viking while maintaining a cautious stance on Norwegian Cruise Line Holdings.

Viking Impresses

In a note sent to investors, Katz raised his price target on Viking $91 from $80, reiterating a buy rating, after the company posted its fourth quarter and full year results.

Occupancy of 95.0%, against Katz’s 92.7% projection, led the outperformance, driven by particularly strong ocean segment results where occupancy improved 330 basis points year-over-year. Net yields rose 11.0% in the quarter, roughly double analyst expectations.

Looking ahead, Viking said fiscal 2026 is now 86% booked, up from more than 70% as of the third quarter.

“The clarity of growth is also critical support for the increasing valuation multiples we apply,” Katz wrote, adding that he expects Viking to “continue to outperform peers within cruise and across our coverage, largely irrespective of valuation levels.”

Katz also noted that Viking’s river operations are effectively fully fuel-hedged through forward purchase agreements, and that its only itineraries near the Iran conflict, a small percentage of 2026 capacity in Egypt, have not prompted guest concerns.

Norwegian: Hold, $20 Target

Katz was less upbeat on Norwegian Cruise Line Holdings reiterating a hold rating and maintaining his $20 price target.

Management said Norwegian is running slightly behind its optimal booking curve for 2026, he said, and plans to prioritize occupancy recovery, a strategy Katz acknowledged as “a necessary strategic move” but one that “likely comes with lower pricing in the near term.”

On the cost side, Katz said SG&A reductions are now the target for savings, with ship costs already reduced meaningfully. He expects those efforts to gain traction in the second half of 2026 and into 2027.

“Given guidance for leverage greater than 5.0x through YE26, we remain conservative on the shares,” he wrote.

Stornoway Port Set for Major 2026 Cruise Season

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Stornoway Port Set for Major 2026 Cruise Season

Stornoway Port is preparing to welcome 89 cruise ship calls during the 2026 season, reinforcing its growing prominence as one of Scotland’s premier cruise destinations, according to a press release.

The season is expected to bring approximately 60,000 passengers to the Outer Hebrides, contributing an estimated £7.8 million to the local economy.

“The 2026 cruise season represents another major milestone for Stornoway Port, with 89 scheduled calls highlighting the continued growth in demand from international cruise operators,” said Kirsty Hutchison, cruise and marketing manager at Stornoway Port.

“The return of high-profile vessels such as Queen Anne, alongside visits from MSC Preziosa and Carnival Legend, demonstrates the strength of Stornoway’s reputation as a world-class destination.”

Among the headline arrivals in 2026 are globally recognized vessels. These include the MSC Preziosa, the Carnival Legend and Cunard’s newest flagship, the Queen Anne, which will return to Stornoway following its successful maiden visit in 2025.

The MSC Preziosa and the Carnival Legend will each bring substantial visitor numbers to the island.

Their inclusion in the schedule demonstrates sustained confidence in Stornoway’s facilities, particularly the £59 million Deep Water Terminal, which has significantly expanded the port’s ability to accommodate larger, modern cruise ships.

Hutchison said the Deep Water Terminal continues to transform what the port can offer, strengthening its ability to accommodate larger vessels and enhancing the overall visitor experience.

The port is progressing plans for the next phase of development at the terminal, alongside the ongoing development of Arnish Road, to further build capacity and resilience across the estate, she said.